According to a report, the livestock industry has been a major contributor to India’s agricultural economy by providing income generation, employment opportunities, and nutrition security. The income generated from activities such as dairy, poultry, and animal husbandry is becoming an increasingly important source of income for small and marginal farmers and has helped create additional income through diversification of farm incomes.
According to the report, the livestock sector is becoming increasingly important due to various government actions taken to enhance animal health and productivity, as well as to increase access to markets. The increased focus on veterinary services, breed improvement, and value addition fosters growth across all areas of the livestock sector. In conclusion, the ongoing growth of the livestock industry demonstrates its overall importance in ensuring continued agricultural growth, uplifting rural economic conditions, and achieving India’s broader goals for food and nutrition security. The report also notes that policy support for cooperatives, producer organisations, and digital platforms is helping integrate small producers into formal value chains, fostering scale and efficiency. Overall, the sustained expansion of the livestock industry underscores its strategic importance in driving agricultural growth, improving rural incomes, strengthening resilience against climatic risks, and advancing India’s long-term objectives of inclusive development, food security, and nutritional well-being.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.